Biome Technologies Share Discussion Threads

[slicethepie] 12/9/2019 08:30

Why would anyone be interested ? New holders require a discount....the only people disadvantaged are pi who cannot get access to the placing and have to buy in the market. Good to see big holders are joining in for circa £400k

[marmar80] 12/9/2019 08:10

Placing at discount means to me that the company doesnt believe its shares are worth current price. Pity csuse share is trading at low level and they could easily announce raising at 350.

[michaelmouse] 12/9/2019 07:57

Interim results are exactly as outlined in the previous trading statement, although I wasn't expecting a £1.3m fund raise at 300p when they still have £1.7m cash in the bank and relatively low cash burn. In fact they generated cash last year.

However, it becomes apparent why they've raised when you read this single line:-

"Pipeline of approximately 15 key bioplastics development projects underway with a customer group that ranges from mid-sized businesses to multi-nationals"

That's why I invested. Bioplastics division is beginning to come of age. They need to invest for the anticipated significant growth.

[zipstuck] 12/9/2019 07:29

Having a placing at £3 does not fill me with confidence on Stanelco next year. Looks like its flatlined as no addition orders over previously announced £1.3 for this half

[jmf69] 11/9/2019 13:26

You'll find out tomorrow when the results are announced

[marmar80] 11/9/2019 13:14

Not a single rns for over a month. Wonder if all the staff is on extended summer holidays or simply there is no activity there at all.

[zipstuck] 13/8/2019 13:51

M & S and others need to swap out their disposable wooden spoons.

[jmf69] 06/8/2019 10:52

10k buy on Friday which ticked the share price up, dropped back today. If they can keep the bioplastic revenue rising then this could really be huge.Gla

[jmf69] 05/8/2019 15:30

BBC News - McDonald's paper straws cannot be recycledhttp://www.bbc.co.uk/news/business-49234054

[vaneric1] 22/7/2019 15:30

Mr Mines will have his nose in that trough pretty quickly I bet.

[jmf69] 22/7/2019 11:25

Plastic and plastic pollution are in the news every day. The UK waste infrastructure is way behind Europe and USA. Bioplastic are gonna grow globally as a viable alternative to petroleum based plastic. That is fact... the question is can Mines and biome take advantage of the growing market. I'm hoping yes.Steady progress hopefully

[vaneric1] 22/7/2019 11:15

Medium term 20 years, long term 50 years?

[jmf69] 22/7/2019 09:43

RF revenue back to normal 700k per quarter levels with a new contract of 1.3m signed for delivery this year in addition to normal RF business. Bioplastic revenue should show a steady rise as the year goes on and encouraging that they have increased capacity to cope with the anticipated demand. Looking good for the medium to long term imo.Gla

[begorrah88] 22/7/2019 08:25

Same old, same old from this board of rinsers.Yet another copy & paste of all the other yearsMines still taking it in for continued failure

[zipstuck] 22/7/2019 08:22

Wasn't expecting a fall but I suppose the worry is the Stanelco quality of earnings at this stage in the cycle. Alright for next 6 months but then. .Have to wait and see

[amt] 22/7/2019 08:07

Yes I suppose there is now a firm upward trend in Bioplastics and growing pipeline. I get the impression that Stanelco is doing a bit better than expected albeit last year was exceptionally good.

[zipstuck] 22/7/2019 07:19

They seem confident that sales will soon ramp up in Bio. Good order for Stanelco. They previously advised higher development costs and with moving production to US should be no cash worries,

[amt] 22/7/2019 07:09

Trading update. OK I suppose. A bit concerned about cash burn but apart from that gradual increase in Bioplastics from a low base.

[jmf69] 21/7/2019 20:34

Trading update tomorrow. Already been told bioplastic revenue around 750k and rf revenue gonna be down.Overall revenue will be down for the quarter imo.Interested to see how the bioplastics revenue expected to increase this year onwards. Along with the progress of the bioplastic cutlery.